AUD/JPY – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Current target is 98.658256 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of support at 99.43700 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 101.77100 |
| 2nd High | 100.71800 |
| Next High | 99.43700 |
| Current Price | 99.18800 |
| Next Low | 98.08900 |
| 2nd Low | 98.02200 |
| 3rd Low | 97.98100 |